He is part of the Canadian consortium, headed up by King, who have are buying the club from Paul Ragan for an undisclosed fee.

Kelman helped Giants clinch two League titles during his playing career at the Odyssey Arena and was appointed general manager after his retirement in 2007.

His time in charge saw Giants clinching two league titles including this year’s triumph plus play-off triumphs.

King and his partners are in the final process of taking over the team.

He is co-founder and CEO of Alaris Royalty in Calgary, Alberta Canada and has known Kelman for 15 years.

A quick decision is likely on the future of Devils head coach Dave Whistle, who was trying to work with a restricted budget. That budget is certain to rise, but it is not clear yet whether Whistle will be the man in charge.

Whistle came in at the end of last season when Devils were already in trouble near the foot of the table and they eventually finished ninth, missing out on the play-offs.

Devils have signed British goaltender Ben Bowns, who is tied into playing for the club and will be starting goalie next season.

Tomas Kurka, though, made it clear several weeks ago he was not returning to play for the Devils even though he had agreed a two-year contract at almost £1,000 a week.

Kurka is signing for a club in mainland Europe.

Kelman, a former St Louis Blues NHL draft pick, is aiming to start signing players quickly with Mark Richardson and Matthew Myers among the priorities. The two British players look certain to be key players for Devils next season.

Devils’ new management are also in talks with a number of potential import signings and are expected to move quickly.

Kelman plans to host a fan event sometime in the next two weeks to meet with Devils Supporters and lay out his plans for the Devils. It is anticipated that King will also be in Cardiff for that event.

The time, date and location of this event are still to be confirmed although likely dates are either Thursday, June 26 or Friday, June 27.

Devils new management have agreed to honour all season tickets already bought for the 2014-15 season.